Monday, January 18, 2021
Tags Digital currency

Tag: Digital currency

Use of Bitcoin as Money “Disastrous”: PBOC Digital Currency Research Chief

The head of the People's Bank of China's digital currency research department has deplored the use of virtual currencies such as Bitcoin as a...

People’s Bank of China Denies Issuing Digital Currency

The Chinese central bank has denied issuing any form of digital fiat currency following reports that fraudsters are using its name to engage in...

Most Read

Chinese Central Bank Hails Eradication of P2P Lending, “Orderly Disposal” of High-risk Financial Institutions

The People's Bank of China (PBOC) has highlighted the removal of all of the country's P2P lending platforms in 2020 as part...

NDRC Flags Active Fiscal Policy, Increased Spending on New Infrastructure in 2021

China's chief planning authority has outlined a raft of its policy intentions for 2021, as the national economy continues to recover from...

China’s GDP Breaches 100 Trillion Yuan Threshold after Posting 2.3% Growth in 2020, Disposable Income up 4.7%

Official data points to growth of over 2% in Chinese GDP in 2020 despite the adverse economic impacts of the COVID-19 pandemic....

China Bans Banks from Selling Depository Products via Third Party Online Platforms

Beijing has issued a new directive which further steps up pressure on the sale of depository products via online fintech platforms, after...